trending Market Intelligence /marketintelligence/en/news-insights/trending/wed46ORGA6SnGmdy58Qi1A2 content esgSubNav
In This List

Target to expand Shipt delivery offerings, market reach

Blog

2023 Big Picture: US Consumer Survey Results

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise

Blog

Insight Weekly: US companies boost liquidity; auto insurers hike rates; office sector risk rises

Blog

Essential IR Insights Newsletter - Summer July-August 2023


Target to expand Shipt delivery offerings, market reach

Target Corp. said Dec. 13 that it will expand its same-day delivery service through Shipt to cover all major product categories in 2019.

The announcement comes a year after the U.S. big-box retailer agreed to acquire the same-day delivery platform for $550 million in cash.

In addition to the product offerings expansion, Target said Shipt will continue to increase the number of markets it serves and also expand its headquarters in Birmingham, Ala., adding hundreds of new jobs.

Last month, Target's Shipt delivery service expanded to more areas in Pennsylvania and Maryland after launching in a number of other U.S. states, including California, New York, Montana, Maine, Connecticut, Texas and Illinois.

The retailer previously said it plans to offer the service to 65% of households in the U.S by the end of the year.